contestada

Amazon and Macy's are retailers. By the end of May 22, 2019, the P/E ratio (Price/Earnings ratio) of Amazon is 77.64 but the P/E ratio of Macy's is only 6.16. Why do the market investors give a very high P/E ratio to Amazon but give a low P/E ratio to Macy's? Please explain.

Q&A Education